Senate bill would lift the U.S. trade embargo on Cuba
In committeeS. 136Latest action
Sponsor: Ron Wyden · Senator · OR
AIDecoded by AI · checked against the recordRead the official text
Official title: United States-Cuba Trade Act of 2025
119th Congress
Topics: Security & foreign affairs
Introduced:
Read the official bill on Congress.govIn plain words
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This bill would end the U.S. trade embargo against Cuba, letting Americans travel, trade, and send money there freely.
50-second read · 4 questions answered below
What does this do?
This bill would repeal laws that have blocked trade, travel, and financial dealings between the U.S. and Cuba for decades. Americans could travel to Cuba, use normal banking for that travel, and send unlimited amounts of money to the island, though anti-money-laundering rules would still apply. Cuban goods would be taxed at the same rates as goods from most other countries, and U.S. companies could offer telecommunications services in Cuba.
Who does it affect?
This bill affects American businesses interested in trading with or investing in Cuba, Cuban Americans who send money to family on the island, and travelers. It also directs the president to negotiate with Cuba on property claims by American citizens and on human rights protections.
Why does it matter?
If passed, trade and travel between the two countries could resume in ways that have not been legally possible for decades. The president would also be required to pursue formal talks with Cuba on unresolved property and human rights issues.
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Where does it stand?
- IntroducedJan 16, 2025
- Senate committeeYou are here · Jan 16, 2025
- Senate vote
- House
- The president's desk
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the president.
Latest action: — Read twice and referred to the Committee on Finance.